960 Inverness Road
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960 Inverness Road, Victoria, BC, Canada | Saanich
Property Overview
Units: 37
Stories: 4
Year Built: 1978
Lot Size: 40,942 Sq.Ft. *
Zoning: RA-3-Apartment Zone
Property Type: Multi-Family
Square footage is approximate.
Devon Properties is pleased to bring to market Inverness Manor, a desirable multi-family apartment building centrally located in the vibrant Quadra neighbourhood of Victoria, BC.
Built in 1978, this four-storey complex boasts 37 spacious units comprised of a mix of one- and two-bedroom layouts. With tremendous value-add opportunities by way of unit upgrades and building renovation initiatives, in addition to latent rent potential, Inverness Manor presents an exceptional long term investment opportunity for potential purchasers upon tenant turnover.
The buildings’ strategic location offers serene park side residential living coupled with easy access to the city’s major points of interest. Within the amenity-rich Quadra neighbourhood, residents benefit from easy access to an abundance of nearby parks, shopping centers, and restaurants. This desirable location provides direct access to Greater Victoria’s major highways and thoroughfares, ensuring convenience and connectivity for modern urban living.
Qualified purchasers are invited to submit offers through Devon Properties for consideration by the Vendor.
Unit Breakdown
- 25 One-Bedrooms
- 12 Two-Bedrooms
Building Amenities & Benefits
- Latent potential upon tenant turnover by way of existing below market rents
- Property is held in a bare trust
- Located in Victoria's amenity-rich Quadra neighborhood
- Value add potential by way of building and suite renovation initiatives
Amenities Map
Dave Craig
Managing broker
Since expanding Devon Properties’ brokerage services, Dave has successfully represented numerous clients in the sale of multi-family apartment buildings, achieving a total sales volume exceeding $240 million since 2019. His diverse network and extensive 25-year background in commercial banking, real estate development, property management, and commercial sales and leasing solidify his reputation as a trusted and reliable multi-family sales representative in the industry.
Leigha Russell
broker
Since joining Devon Properties in 2019, Leigha has been a dedicated member of our company, initially specializing in residential leasing across Vancouver Island. In 2021, Leigha made a strategic move to the Brokerage team, where she seamlessly collaborated with partner Dave Craig to elevate our multi-family and investment sales services. Leveraging her extensive experience, Leigha provides invaluable insights that play a pivotal role in propelling the success of Devon Properties’ expanding brokerage services.